1. BV in world’s first international rescue exercise in a polar zone
Bureau Veritas , a world leader in testing, inspection, and certification, has recently participated in the world’s first international search and rescue exercise (SAREX) in a remote polar zone. BV tested and certified maritime safety equipment onboard the polar exploration vessel Le Commandant Charcot, during a trial voyage to the North Pole organised by leading cruise ship operator PONANT. https://cyprusshippingnews.com/2021/12/17/bv-in-worlds-first-international-rescue-exercise-in-a-polar-zone/
2. Danger of liquefaction in iron ore fines loaded in Sierra Leone
Inaccuracies in cargo declaration as well as shippers’ insistence on loading in rain are conditions found in Pepel, Sierra Leone and members are advised to be diligent in protecting against liquefaction Pursuant to our Member Circular No. 6/2021 on “Carriage of Iron Ore Fines Cargoes from Sierra Leone”, the club has been notified of a number of cases of actual liquefaction/dynamic separation of iron ore fines loaded from Sierra Leone. https://cyprusshippingnews.com/2021/12/17/reminder-danger-of-liquefaction-in-iron-ore-fines-loaded-in-sierra-leone/
3. Solstad Offshore announced long-term contract awarded by Woodside Australia
Solstad Offshore ASA is pleased to announce a contract with Woodside in Australia for the provision of the PSV Normand Tortuga. The vessel has been contracted to support activities with the DPS-1 semisubmersible on the Enfield P&A and Scarborough projects, commencing in late Q1/early Q2 2022. During the period of the contract the Normand Tortuga will be operating from Dampier, Western Australia. https://cyprusshippingnews.com/2021/12/17/long-term-contract-awarded-by-woodside-australia/
4. NOVATEK signed Cooperation Agreement with Voronezh Region
Leonid Mikhelson, Chairman of the Management Board of PAO NOVATEK, and Voronezh Region Governor Alexander Gusev today signed a Cooperation Development Agreement to increase the participation of companies from the region in NOVATEK’s projects. The Agreement envisages broader involvement of companies from Voronezh Region in engineering and supply of equipment for NOVATEK’s LNG projects. https://cyprusshippingnews.com/2021/12/17/novatek-signed-cooperation-agreement-with-voronezh-region/
5. Liners hammer home their advantage, seeking hugely inflated long-term contacts
Containerlines are on track to hammer home their advantage next year with long term contracts expected to be sealed with clients for record figures. As the first round of tender data has started to roll in, Xeneta data indicates that most of the 2022 contracts will be at record-high levels. Carriers are asking clients to pay up for secured, long term deals or risk being hit by the vagaries of the spot market.
6. Spending on ships hitting highs not seen since the global financial crisis
The amount of money spent on ships – both newbuilds and secondhand – could be the largest recorded since the global financial crisis of 2008. Total spending on newbuild and secondhand tonnage combined stood at an estimated $147bn as of last Friday according to data from Clarkson Research Services. By comparison, just $74bn was spent in 2020, the first year of the pandemic. https://splash247.com/spending-on-ships-hitting-highs-not-seen-since-the-global-financial-crisis/
7. Icelandic prosecutors raid Eimskip offices in ship scrapping probe
The Icelandic district prosecutor has been granted permission to raid the offices of shipping company Eimskip in order to conduct an inquiry into possible legal irregularities involving the sale of two scrapped ships to India in a case that will likely cause concern for many other shipowners across Europe.
8. Europe Braces For Energy Crunch As Deep Freeze Sets In
By Anna Shiryaevskaya, Jesper Starn and Isis Almeida (Bloomberg) —Europe is bracing for energy shortages this week as freezing weather is set to boost demand at a time supply just can’t keep up.
Temperatures are forecast to fall below zero degrees Celsius in several European capitals this week, straining electricity grids already coping with low wind speeds and severe nuclear outages in France. To make matters worse, Russia signaled it intends to keep natural gas flows through a major transit route to Germany limited on Monday after capping supplies over the weekend. https://gcaptain.com/europe-braces-energy-crunch-as-deep-freeze-sets-in/
9. The Effort Needed To Build Clean Energy Infrastructures Includes The Transformation Of Ports
Four offshore wind power projects in two East Coast states won the backing of government officials Friday, as the region increasingly eyes offshore turbines as a source of clean energy. Maryland regulators approved credits to two developers, Orsted AS and US Wind, each proposing to install enough turbines to generate more than 800 megawatts of electricity. Massachusetts picked Avangrid Inc. and a joint venture of Shell New Energies US and OW North America to develop offshore wind farms that, combined, will produce 1,632 megawatts of electricity. https://gcaptain.com/the-effort-needed-to-build-clean-energy-infrastructure-includes-the-transformation-of-ports/
10. LA Port Heading For Busiest Year On Record
THE Port of Los Angeles is on track to have the busiest year in its history, with between 10.7 million and 10.8 million TEU moved by year’s end. Port of Los Angeles executive director Gene Seroka said “that would eclipse our best mark in history, by about 13 per cent”.The port’s previous record was in 2018, which also until this year held the record for most imports. In 2021, the port moved 5.5 million imported TEU, also 13 per cent better than the record set in 2018, according to media reports. https://www.shippingtribune.com/news/shipping/LA+port+heading+for+busiest+year+on+record+